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Record-Breaking Sale: Espace Real Estate Closes Palm Jumeirah’s Most Expensive Garden Home Villa at AED 65.5 Million

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Espace Real Estate has successfully closed the most expensive Garden Home sale in Palm Jumeirah’s history, with a landmark transaction valued at AED 65.5 million. The sale was managed by Artur Ahmedov, Luxury Sales Director at Espace, further cementing his position as one of Dubai’s top-performing brokers in the ultra-prime segment.

Located on Frond L, the bespoke five-bedroom villa spans three storeys and offers direct private beach access. Designed with luxury in mind, the residence features a contemporary open-plan layout, formal and informal living areas, a private bar, gym, study, elevator, and an outdoor entertainment zone complete with a swimming pool and BBQ kitchen. With a plot size of 7,800 sq ft, the property offers exceptional space and functionality, ideal for high-end family living and entertaining.

“This record-breaking transaction demonstrates the continued appetite for ultra-luxury waterfront properties in Dubai,” said John Lyons, Managing Director at Espace Real Estate. “Palm Jumeirah remains one of the most sought-after addresses globally, and this sale underscores the confidence high-net-worth buyers have in the long-term value of Dubai’s premier residential communities.”

Artur Ahmedov continues to set new benchmarks in the luxury real estate space. Recognised as Espace’s top-performing agent in 2024 and one of the highest-ranked brokers by sales volume in 2023 (Dubai Land Department), Artur has played a key role in many of the city’s most significant transactions.

This latest achievement reflects the strength of Dubai’s luxury market and Espace’s continued leadership in the segment.

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